American asset management company Oaktree Capital Management has sold its entire 36.8% stake in British spirits producer and distributor Stock Spirits Group, in a deal worth £200m. Stock Spirits Group produces and a range of ...
Tags: Oaktree Capital, Spirits Group
MAUSER Group has signed an agreement to increase its stake from 32.5% to 50% in intermediate bulk containers (IBC) joint venture (JV) Fanshun MAUSER Shanghai Packaging, located in China. The MAUSER Packaging's IBC production assets will ...
Tags: Packaging
The Australia Pacific LNG project is currently around 60% complete and remains on track to deliver its first cargo in mid-2015, joint venture partner Origin Energy said Thursday. Origin is the upstream operator of the coalseam gas-based ...
Tags: Pacific LNG, Chemicals
January 29, 2014 How might Lion's next moves affect the Australian dairy industry Food and beverage company Lion has announced that it does not currently intend to sell its shareholding in Victorian dairy company Warrnambool Cheese and ...
Tags: WCB, Lion, Japan K.K, Warrnambool Cheese
Telecommunications provider, Telstra, is set to make $454 million from a new strategic partnership with Platinum Equity as it prepares to sell 70 per cent of its stake in its directories business, Sensis, to the US-based private equity ...
Tags: Telstra, Telecommunications
Maersk Group/Flickr A.P. Moeller-Maersk plans to sell its stake in a supermarket and department store to focus on transport and energy, Bloomberg News reported. The owner of the world's largest container line, with 3.4 million ...
Tags: A.P.Moeller-Maersk, sell stake, Dansk Supermarked, Nils Andersen
Italian automobile manufacturer Fiat SpA will acquire full control of Chrysler Group LLC in a deal worth a combined $4.35 billion, Bloomberg News reported. Fiat, which already holds 58.5% of Chrysler, will [delete word pay] acquire the ...
Tags: Fiat SpA, Chrysler Group, stake
Notebook and server ODM Inventec on December 24 decided to add an investment of NT$470 million (US$15.7 million) in Inventec Energy, a Taiwan-based PV module maker, raising its stake ratio from 26% currently to 47.78% and making it a ...
Tags: Notebook, server ODM Inventec
Olam International, a Singapore-based food ingredients supplier, has signed an agreement to divest up to 14.99% of its stake in New Zealand-based Open Country Dairy (OCD) to Talley’s Group for NZ$46.5m. The company currently holds a ...
Belarusia has proposed to Russian oil producer Rosneft to take part in the privatization of one of its two large oil refineries,Belarusian Deputy Prime Minister Pyotr Prokopovich said on Friday. Belarus has offered Rosneft an option to ...
Tags: Belarusia, Rosneft, oil refineries, privatization
Brewing giant Carlsberg Group has increased its stake in Chongqing Brewery (CBC) from 29.7% to 60% with the acquisition of 146.6 million shares for a purchase price of RMB2.9bn ($477.4m). This deal was announced in March 2013 and will ...
Tags: Carlsberg, Chongqing Brewery, stake, beer
This price drop came despite the printing equipment manufacturer's figures showing revenue for the year ended October 31, 2013 had increased by 8% to £335.7m – largely due to new product launches and considerable sales growth in ...
Fonterra, a dairy co-operative in New Zealand, has increased its stake to 9.06% in Australian dairy firm Bega Cheese. The co-operative said in a statement to the Australian Securities Exchange that it has purchased an additional three ...
Tags: Fonterra, Bega Cheese
TORONTO, Nov. 22, 2013 /CNW/ - Vena Resources Inc. (the "Company" or "Vena") (TSX: VEM) (Peru: VEM) (Germany: V1RA) (USA: VNARF) announces that it has entered into a share purchase agreement with Azincourt Uranium Inc. (TSXV: AAZ) ...
Tags: Metallurgy, Mineral, Energy
German automaker Daimler has acquired a 12% stake in its Chinese partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group). This transaction marks the first investment by a non-Chinese automotive company in a ...
Tags: Daimler, Chinese BAIC Motor